Investment Overview
Introducing a prime investment opportunity in the heart of Framingham, MA. This 6,670 SF +/- property features a long-term modified NNN lease through November 30, 2037, providing a stable, lucrative income stream with a current NOI of $237,380/year and annual rent escalations. With limited owner responsibilities, a new exterior deck and stairs, fresh parking lot surfacing, and recent exterior repainting, this recession-resistant property offers a hassle-free ownership experience. The Tenant, Slade Veterinary Hospital which was established in 1946, has been a long-term tenant has an extensive specialized infrastructure within the building, and is the ideal investment for the discerning investor looking for a secure, long-term opportunity in the Greater Boston area.
Investment Highlights
- Long Term Modified NNN Lease In Place through November 30, 2037
- Operator has 130 practices across the USA
- Current NOI $237,380/year with Annual Rent Escalations
- Limited Owner Responsibilities (owner retains responsibility for roof, structural elements, building systems, and HVAC replacement)
- New exterior deck and stairs installed (2026)
- Parking Lot Resurfaced (2026)
- Exterior recently repainted
- Established Business since 1946 with Solid Financials
- Recession-Resistant Property
- Extensive tenant improvements and infrastructure investment support long-term occupancy